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Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: Mark L who wrote (9052)	7/6/1998 5:12:00 PM
From: H James Morris	Respond to of 164684

Wow, look @ this <ZQN JAN 130 PUT 29 31> If you want to bet Amzn down and since only Datek has any shares available to short, you can only buy puts. If that's your choice based on todays close of 139 5/8, you will have to pay $ 31.00 plus 9 5/8, that's a $40 5/8 premium to go out to Jan 99. That's F-----g unbelieveable. Other than mellow Bateman, the Morgan Stanelys of the world have got this phenomena down to a science.